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Possible bearish downtrend on NEM Downside
NEM's price has performed poorly over the past weeks. Buying XEM at this time may lead to loss of capital.
| XEM Price | $0.0330 USD |
| Price Change 24hours | $0.0004 USD (1.23%) |
| 24h Low / 24h High | $0.0325 / $2.2664 USD |
| Trading Volume 24hours | $12,506,877 USD |
| Market Cap | $297,000,000 USD |
NEM Analysis
1. NEM also features an integrated P2P secure and encrypted messaging system, multisignature accounts and an Eigentrust++ reputation system.NEM has gone through extensive open alpha testing starting June 25, 2014, followed by lengthy and comprehensive beta testing starting on October 20, 2014.
2. NEM has a stated goal of a wide distribution model and has introduced new features in blockchain technology in its proof-of-importance (POI) algorithm.
3. It is written in Java and JavaScript with 100% original source code.
4. NEM is a peer-to-peer crypto platform.
5. NEM finally launched on May 31, 2015.
6. Want to invest in NEM? you may also like other coins like ByteCoin; OMG Network; Siacoin; Waves; VeChain; Reddcoin; Tezos; Gas; Electroneum; Nxt;
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Future price prediction
| Date | Price | Possible movement |
|---|---|---|
| Dec 11, 2023 | $2.2664 | Neutral |
| January, 2024 | $ 0.0381 USD | Downside |
| February, 2024 | $ 0.0401 USD | Downside |
| March, 2024 | $ 0.0401 USD | Downside |
| June, 2024 | $ 0.0336 USD | Downside |
| December, 2024 | $ 0.0531 USD | Downside |
XEM Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| What will be the highest price of NEM (XEM) in future? | Our analysis shows NEM is already past it's immediate all time high, indicating a bearish signal! |
| Will NEM (XEM) price increase in future? | No. Our algorithms indicate that NEM (XEM) will experience a significant decline in future. As low as $0.0531/XEM |
| Will an Investment in NEM (XEM) be profitable or make a loss? | Probably Loss making. |
| What will be the lowest price of NEM (XEM) in future? | $0.0531 USD |
| Will the price of NEM (XEM) move downward in future? | Down only |
| At the end of the year, what will be the price of 1 NEM? | Our analysis shows an end of year prognosis of 1XEM = $0.0531 USD. |
| Where do I buy NEM? | We have curated some great options. Buy XEM coin here → |
Historical Price Data (USD)
Poor volume like XEM could be an indication of short term bearishness.
| Date | Price | Volume |
|---|---|---|
| May 20, 2023 | $0.03299 | $16 |
| May 19, 2023 | $0.03259 | $2,133 |
| May 18, 2023 | $0.03371 | $2,267 |
| May 17, 2023 | $0.03321 | $2,332 |
| May 16, 2023 | $0.03343 | $2,160 |
| May 15, 2023 | $0.03276 | $2,025 |
| May 14, 2023 | $0.03233 | $2,334 |
| May 13, 2023 | $0.03255 | $2,253 |
| May 12, 2023 | $0.03236 | $171 |
| May 11, 2023 | $0.03391 | $2,187 |
| May 10, 2023 | $0.03368 | $1,090 |
| May 9, 2023 | $0.03281 | $3,575 |
| May 8, 2023 | $0.035 | $540 |
| May 7, 2023 | $0.03614 | $2,513 |
| May 6, 2023 | $0.03613 | $1,934 |
| May 5, 2023 | $0.03569 | $2,610 |
| May 4, 2023 | $0.03793 | $2,440 |
| May 3, 2023 | $0.03856 | $2,712 |
| May 2, 2023 | $0.03553 | $2,520 |
| May 1, 2023 | $0.03609 | $3,004 |
| April 30, 2023 | $0.03761 | $2,756 |
| April 29, 2023 | $0.03672 | $2,671 |
| April 28, 2023 | $0.03723 | $2,061 |
| April 27, 2023 | $0.03622 | $2,223 |
| April 26, 2023 | $0.03696 | $2,559 |
| April 25, 2023 | $0.03667 | $2,735 |
| April 24, 2023 | $0.03688 | $2,836 |
| April 23, 2023 | $0.03749 | $3,615 |
| April 22, 2023 | $0.03661 | $2,637 |
| April 21, 2023 | $0.03789 | $2,870 |
Steps to buy NEM (XEM) in 2023
- Buy XEM with USD: Purchase XEM with USD on the following exchanges: Exmo, EXRATES, Yobit, .
Alternatively, - Buy Bitcoin directly on Coinbase, Binance or Paypal
- Send the BTC to an Exchange that supports XEM/BTC pair. You can buy XEM with Bitcoin at Binance, BitTrex, OKEX, bequant, HitBTC, Gateio, Coinsbit, DigiFinex, P2PB2B, Yobit, Liquid, Binance, BitTrex, HuobiPro, Poloniex, OKEX, bequant, Exmo, Upbit, HitBTC, huobijapan, huobikorea, bitmax, Gateio, Kucoin, Coinsbit, Zaif, DigiFinex, EXRATES, CoinEx, crex24, Graviex, P2PB2B, Yobit, .
- Now, Buy NEM with BTC: Below is a detailed breakdown of exchanges that support NEM and their trading.
Exchanges that support XEM/USD Pair
| Exchange | Trade Pair | Rating |
|---|---|---|
| Exmo | XEM/USD | BB |
| EXRATES | XEM/USD | B |
| Yobit | XEM/USD | D |
Exchanges that trade XEM/BTC Pairs
| Exchange | Trade Pair | Rating |
|---|---|---|
| Liquid | XEM/BTC | A |
| Binance | XEM/BTC | A |
| BitTrex | XEM/BTC | A |
| HuobiPro | XEM/BTC | A |
| Poloniex | XEM/BTC | A |
| OKEX | XEM/BTC | BB |
| bequant | XEM/BTC | BB |
| Exmo | XEM/BTC | BB |
| Upbit | XEM/BTC | BB |
| HitBTC | XEM/BTC | B |
| huobijapan | XEM/BTC | B |
| huobikorea | XEM/BTC | B |
| bitmax | XEM/BTC | B |
| Gateio | XEM/BTC | B |
| Kucoin | XEM/BTC | B |
| Coinsbit | XEM/BTC | B |
| Zaif | XEM/BTC | B |
| DigiFinex | XEM/BTC | B |
| EXRATES | XEM/BTC | B |
| CoinEx | XEM/BTC | C |
| crex24 | XEM/BTC | C |
| Graviex | XEM/BTC | C |
| P2PB2B | XEM/BTC | D |
| Yobit | XEM/BTC | D |
Exchanges that allow XEM/BTC trading
| Exchange | Trade Pair | Exchange Grade |
|---|---|---|
| Binance | XEM/ETH | A |
| BitTrex | XEM/ETH | A |
| OKEX | XEM/ETH | BB |
| bequant | XEM/ETH | BB |
| HitBTC | XEM/ETH | B |
| Gateio | XEM/ETH | B |
| Coinsbit | XEM/ETH | B |
| DigiFinex | XEM/ETH | B |
| P2PB2B | XEM/ETH | D |
| Yobit | XEM/ETH | D |
